Being named the executor of a family member's or friend's estate is often seen as a compliment. But the reality is that managing the final wishes of the deceased is a daunting task that comes with its fair share of headaches.
"It’s a thankless job," said Eric Bond, president of Octave Wealth Management in Long Beach, California. In addition to all the paperwork and interactions with the probate court, executors must also brace themselves for intense scrutiny from heirs and beneficiaries.
